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Michael Jordan's Ferrari 550 Maranello Sells for Record Price
Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, setting a record.
In brief
Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, setting a record. Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, breaking expectations. Originally reported by Road & Track.
Michael Jordan's Ferrari 550 Maranello
Joopiter auctioned Michael Jordan's 1997 Ferrari 550 Maranello for $2.7 million on September 30.
Record Price for Rare Car
The car sold for 10 times the typical $200,000 to $300,000 price range for 550 Maranellos.
Car's History and Significance
Jordan owned the car from 1997 to 2002, driving it to Chicago Bulls games and practices.
Connection to Air Jordan XIV
Sneaker designer Tinker Hatfield referenced the car's shape in the Air Jordan XIV shoe design.
Decades-Long Search for the Car
Curated spent a decade searching for the car before acquiring it for auction.
Record-Breaking Sale Outcome
The sale set a record for the car, selling for $2.7 million after a decade-long search.
In short
Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, breaking expectations.
